Common use of Joint Benefit Clause in Contracts

Joint Benefit. 76 ss.28.2. Duty to Keep Informed.............................................................................76 ss.28.3. Consents..........................................................................................77 ss.28.4. Suretyship Waivers................................................................................77 ss.28.5. Subordination.....................................................................................79 Exhibit A Form of Note Exhibit B Form of Loan Request Exhibit C Form of Compliance Certificate Exhibit D Form of Swingline Loan Request Exhibit E Form of Assignment and Acceptance Exhibit F Form of Letter of Credit Request Exhibit G Form of Letter of Credit Application Exhibit H Form of Competitive Bid Quote Request Exhibit I Form of Invitation for Competitive Bid Quotes Exhibit J Form of Competitive Bid Quote Exhibit K Form of Acceptance of Competitive Bid Quote Exhibit L Form of Joinder Agreement Schedule 1 Lenders; Domestic and LIBOR Lending Offices Schedule 1.1 Unencumbered Properties and Unencumbered Development Properties Schedule 1.2 Commitments and Commitment Percentages Schedule 1.3 Related Companies, Co-Borrowers and Unconsolidated Entities Schedule 1.4. Existing Letter of Credit Schedule 6.3 Title to Properties Schedule 6.7 Litigation Schedule 6.15 Insider Transactions Schedule 6.16 Employee Benefit Plans Schedule 6.18 Environmental Matters Schedule 6.19 Company Assets Schedule 6.21 Building Structural Defects, etc. Schedule 7.18 Interest Rate Contracts Schedule 8.2(d) Investments CREDIT AGREEMENT This CREDIT AGREEMENT is made as of the 16th day of January, 2003, by and among LIBERTY PROPERTY LIMITED PARTNERSHIP, a Pennsylvania limited partnership (the "Borrower"), LIBERTY PROPERTY TRUST, a Maryland trust (the "Company"), the Co-Borrowers named on the signature pages hereof and any entity that may become an additional Co-Borrower pursuant to ss.5.6 (the "Co-Borrowers") and FLEET NATIONAL BANK, a national banking association ("Fleet"), the other lending institutions which are listed from time to time on Schedule 1 (collectively, with Fleet, the "Lenders"), WACHOVIA BANK, NATIONAL ASSOCIATION, as co-syndication agent, BANK ONE, N.A., as co-syndication agent, ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION, as documentation agent, PNC BANK, NATIONAL ASSOCIATION, as managing agent, SUNTRUST BANK as co-agent, and FLEET NATIONAL BANK, as administrative agent for itself and such other lending institutions (the "Agent").

Joint Benefit. 76 67 ss.28.2. Duty to Keep Informed.............................................................................76 67 ss.28.3. Consents..........................................................................................77 68 ss.28.4. Suretyship Waivers................................................................................77 68 ss.28.5. Subordination.....................................................................................79 69 Exhibit A Form of Note Exhibit B Form of Loan Request Exhibit C Form of Compliance Certificate Exhibit D Form of Swingline Loan Request Exhibit E Form of Assignment and Acceptance Exhibit F Form of Letter of Credit Request Exhibit G Form of Letter of Credit Application Exhibit H Form of Competitive Bid Quote Request Exhibit I Form of Invitation for Competitive Bid Quotes Exhibit J Form of Competitive Bid Quote Exhibit K Form of Acceptance of Competitive Bid Quote Exhibit L E Form of Joinder Agreement Schedule 1 Lenders; Domestic and LIBOR Lending Offices Schedule 1.1 Unencumbered Properties and Unencumbered Development Properties Schedule 1.2 Commitments and Commitment Percentages Schedule 1.3 Related Companies, Co-Borrowers and Unconsolidated Entities Schedule 1.4. Existing Letter of Credit Schedule 6.3 Title to Properties Schedule 6.7 Litigation Schedule 6.15 Insider Transactions Schedule 6.16 Employee Benefit Plans Schedule 6.18 Environmental Matters Schedule 6.19 Company Assets Schedule 6.21 Building Structural Defects, etc. Schedule 7.18 Interest Rate Contracts Schedule 8.2(d) Investments MULTI-CURRENCY CREDIT AGREEMENT This MULTI-CURRENCY CREDIT AGREEMENT is made as of the 16th day of January, 2003, by and among LIBERTY PROPERTY LIMITED PARTNERSHIP, a Pennsylvania limited partnership (the "Borrower"), LIBERTY PROPERTY TRUST, a Maryland trust (the "Company"), the Co-Borrowers named on the signature pages hereof and any entity that may become an additional Co-Borrower pursuant to ss.5.6 (the "Co-Borrowers") and FLEET NATIONAL BANK, a national banking association ("Fleet"), the other lending institutions which are listed from time to time on Schedule 1 (collectively, with Fleet, the "Lenders"), WACHOVIA BANK, NATIONAL ASSOCIATION, as co-syndication agent, BANK ONE, N.A., as co-syndication agent, ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION, as documentation agent, PNC BANK, NATIONAL ASSOCIATION, as managing agent, SUNTRUST BANK as co-agent, and FLEET NATIONAL BANK, as administrative agent for itself and such other lending institutions (the "Agent").